Intermex reports Q3 adjusted EPS 61c, consensus 58c

Reports Q3 revenue $171.9M, consensus $173.17M. Bob Lisy, Chairman, President, and CEO of Intermex (IMXI), stated “We have delivered another strong quarter of operating results for the Company and for our shareholders. We continue to see excellent growth and profitability in our digital business, and we have leaned heavily on our DNA of efficiency to successfully navigate the retail remittance dynamic to Latin America. Net income increased by 16.9%, Adjusted EBITDA is up almost 7% from last year, and diluted EPS and adjusted diluted EPS were both up sharply at 29.3% and 19.6% year over year.”